Feature
Sowing the seeds for future growth
First time hedge fund managers face a wide range of financing choices from seed capital providers and incubator programmes to conventional investors who want to negotiate terms. What are the differences between them and what are the pros and cons? Hedge…
Shipping derivatives steer the market
Andy James from Enron Europe highlights why investment managers should view shipping as a trading tool.
Avoiding the next catastrophe
This piece is taken from Daniel J. Kramer's speech which was the keynote address at IMN and the International Herald Tribune's Symposium on high performance investing in Monte Carlo, Monaco.
Keeping afloat in difficult times
David Robinson may have to wait for international markets to settle before his two-pronged investment methodology brings him significant returns
CIBC has over $200 million exposure to Enron
The Canadian Imperial Bank of Commerce (CIBC) has total exposures of US$215 million to Enron, the group said today.
JP Morgan Chase admits $500 million exposure to Enron
JP Morgan Chase said today that it has $500 million of unsecured exposure to Enron.
Munich Re sees billion dollar loss in third quarter
Munich Re, the reinsurance group, today reported a euro1.2 billion ($1.06 billion) loss for the third quarter. This was mainly due to the effects of the September 11 terrorist attacks on the US, said the German firm.
Jim Oliff appointed COO of FFastFill
Jim Oliff, second vice chairman of the Chicago Mercantile Exchange (CME), has been appointed chief operating officer of online risk software vendor FFastFill.
Indosuez in equity derivatives reorganisation
Credit Agricole Indosuez’s equity arm, CAI Equities, plans to introduce a single trading platform as part of its plans to integrate its global trading and derivatives operations. As a result, the firm's WI Carr Securities Asian derivatives team will…
Banks move to boost credit derivatives liquidity
JP Morgan Chase and Morgan Stanley have agreed to standardise most of the items on their European credit swap master agreements, in a move designed to increase liquidity in the credit derivatives market.
FSA to open securitised derivatives to retail sector
The UK's financial watchdog, Financial Services Authority (FSA), plans to allow retail investors to invest directly in securitised derivatives for the first time by initiating a flexible listing regime.
Homeside hurts NAB’s profits
National Australia Bank (NAB) has reported a fall in profits of 36% for the year, with the drop attributed primarily to hedging blunders at its US mortgage subsidiary Homeside in September.
Balancing belief and science
Japan’s banks are protesting against Basel’s proposed operational risk capital charge. They claim their risk levels are much lower than those of banks from other countries, but there is little hard data available to back this claim up. Anthony Rowley…